Amplify’d from www.guppytraders.com
GUPPY MULTIPLE MOVING AVERAGE ™
This indicator was developed by
Daryl Guppy. It is fully explained in TREND
TRADING. Captures the inferred behaviour of traders and
investors by using two groups of averages. Uses fractal repetition
to identify points of agreement and disagreement which precede
significant trend changes.
ADVANTAGES
Better understanding of trend strength
Effective evaluation of unusual price
movements, such as dips and spikes
DISADVANTAGES
Not effectively applied to trend less stocks
DoRead more at www.guppytraders.com
not use as a moving average crossover signal
See this Amp at http://amplify.com/u/iohf
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